Deschutes Portfolio Strategy

Matisse Capital as of Sept. 30, 2020

Portfolio Holdings for Matisse Capital

Matisse Capital holds 147 positions in its portfolio as reported in the September 2020 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Morgan Stanley China A Share Fund (CAF) 4.7 $12M 559k 21.12
Adams Express Company (ADX) 4.2 $11M 654k 16.21
Highland Income Highland Income (HFRO) 3.9 $9.8M 1.1M 8.59
Morgan Stanley Emerging Markets Domestic (EDD) 3.6 $8.9M 1.6M 5.56
Central Securities (CET) 3.4 $8.6M 297k 28.99
Asa Gold And Precious Mtls L SHS (ASA) 3.0 $7.5M 354k 21.28
Nexpoint Strategic Opportes Com New (NXDT) 3.0 $7.4M 858k 8.66
Tekla Life Sciences Invs Sh Ben Int (HQL) 2.2 $5.6M 319k 17.58
General American Investors (GAM) 2.1 $5.3M 157k 33.95
Ishares Tr Core Div Grwth (DGRO) 2.1 $5.1M 129k 39.79
Kayne Anderson Mdstm Energy 2.0 $5.0M 1.2M 4.03
Morgan Stanley India Investment Fund (IIF) 2.0 $4.9M 283k 17.35
Clough Global Equity Fund closed-end fund (GLQ) 1.8 $4.4M 396k 11.21
Highland Global mf closed and mf open (HGLB) 1.7 $4.3M 700k 6.20
Boulder Growth & Income Fund (STEW) 1.7 $4.2M 416k 10.00
Invesco Van Kampen Dyn Cr Opp Fund 1.6 $4.1M 441k 9.21
Calamos Lng/shrt Eq & Dyn (CPZ) 1.6 $4.1M 279k 14.53
Voya Global Eq Div & Pr Opp (IGD) 1.6 $4.0M 809k 4.95
Ing Global Advantage And Premium Opportunity Fund (IGA) 1.6 $3.9M 465k 8.34
Blackrock Res & Commodities SHS (BCX) 1.5 $3.6M 613k 5.95
Microsoft Corporation (MSFT) 1.4 $3.6M 17k 210.32
Tekla Healthcare Invs Sh Ben Int (HQH) 1.4 $3.6M 172k 20.62
Aberdeen Asia-Pacific Income Fund (FAX) 1.4 $3.5M 884k 3.99
Tortoise Essential Assets In Com Sh Ben Int 1.4 $3.5M 331k 10.56
Pimco Enrgy Tactical Cr Opp Com Shs Ben Int (PDX) 1.4 $3.5M 565k 6.19
Vertical Cap Income Shs Ben Int (CCIF) 1.4 $3.5M 352k 9.93
Dividend & Income Com New (BXSY) 1.4 $3.5M 384k 9.10
Cbre Clarion Global Real Estat re (IGR) 1.4 $3.5M 581k 5.98
Miller Howard High Inc Eqty Com Shs Ben In (HIE) 1.4 $3.4M 560k 6.16
Japan Smaller Capitalizaion Fund (JOF) 1.4 $3.4M 398k 8.67
Apple (AAPL) 1.3 $3.3M 29k 115.81
China Fund (CHN) 1.3 $3.2M 127k 25.18
Allianzgi Artificial 1.3 $3.2M 147k 21.58
Gabelli Dividend & Income Trust (GDV) 1.2 $3.0M 165k 18.35
Templeton Dragon Fund (TDF) 1.2 $2.9M 133k 21.93
RMR Asia Pacific Real Estate Fund 1.1 $2.8M 308k 9.06
Rivernorth Marketplace Lendi (RSF) 1.1 $2.7M 181k 14.83
Swiss Helvetia Fund (SWZ) 1.0 $2.6M 316k 8.28
Ascendis Pharma A/s Sponsored Adr (ASND) 1.0 $2.5M 16k 154.33
First Eagle Senior Loan Fund Com New 1.0 $2.4M 192k 12.40
Gabelli mutual funds - (GGZ) 0.9 $2.4M 233k 10.09
Japan Equity Fund ietf (JEQ) 0.9 $2.3M 281k 8.27
Amazon (AMZN) 0.9 $2.2M 704.00 3149.15
Taiwan Fund (TWN) 0.9 $2.1M 93k 23.03
Voya Infrastructure Industrial & Materia (IDE) 0.8 $2.0M 209k 9.51
Gdl Fund Com Sh Ben It (GDL) 0.7 $1.9M 223k 8.38
Clough Global Opportunities Sh Ben Int (GLO) 0.7 $1.8M 195k 9.34
Templeton Emerging Markets Income Fund (TEI) 0.7 $1.7M 227k 7.41
Apollo Sr Floating Rate Fd I (AFT) 0.7 $1.7M 129k 12.82
Principal Real Estate Income Shs Ben Int (PGZ) 0.6 $1.6M 149k 10.71
Kayne Anderson MLP Investment (KYN) 0.5 $1.4M 344k 3.99
Us Bancorp Del Com New (USB) 0.5 $1.4M 38k 35.86
New Ireland Fund 0.5 $1.3M 156k 8.41
Tri-Continental Corporation (TY) 0.5 $1.3M 50k 25.92
First Tr Mlp & Energy Income (FEI) 0.5 $1.3M 271k 4.64
Ares Dynamic Cr Allocation (ARDC) 0.5 $1.2M 98k 12.68
Central Europe and Russia Fund (CEE) 0.4 $1.0M 53k 19.64
Nike CL B (NKE) 0.4 $960k 7.7k 125.49
Lam Research Corporation (LRCX) 0.4 $907k 2.7k 331.63
Invesco Van Kampen Senior Income Trust (VVR) 0.3 $874k 239k 3.66
Aberdeen Chile Fund (AEF) 0.3 $823k 127k 6.48
Intel Corporation (INTC) 0.3 $779k 15k 51.79
Alphabet Cap Stk Cl A (GOOGL) 0.3 $774k 528.00 1465.91
Nuveen Sht Dur Cr Opp 0.3 $754k 61k 12.38
Nuveen Diversified Dividend & Income 0.3 $729k 94k 7.77
Royce Micro Capital Trust (RMT) 0.3 $725k 95k 7.67
Select Sector Spdr Tr Sbi Int-utils (XLU) 0.3 $710k 12k 59.40
Allianzgi Conv & Income Fd I 0.3 $699k 170k 4.11
Nuveen Nj Div Advantage Mun (NXJ) 0.3 $678k 50k 13.52
Apollo Tactical Income Fd In (AIF) 0.3 $648k 51k 12.71
Morgan Stanley Emerging Markets Debt (MSD) 0.3 $638k 76k 8.39
Nuveen Real (JRI) 0.2 $623k 52k 12.06
Anthem (ELV) 0.2 $610k 2.3k 268.49
Western Asset Emerging Mrkts Dbt Fnd (EMD) 0.2 $595k 48k 12.33
Neuberger Ber. CA Intermediate Muni Fund 0.2 $571k 44k 12.95
Eaton Vance Short Duration Diversified I (EVG) 0.2 $567k 50k 11.45
Northrop Grumman Corporation (NOC) 0.2 $563k 1.8k 315.41
Lockheed Martin Corporation (LMT) 0.2 $546k 1.4k 383.16
Eagle Cap Growth (GRF) 0.2 $545k 77k 7.10
Humana (HUM) 0.2 $527k 1.3k 413.66
BlackRock MuniYield New Jersey Fund 0.2 $523k 38k 13.80
Nuveen Global High Income SHS (JGH) 0.2 $516k 38k 13.54
Royce Value Trust (RVT) 0.2 $511k 40k 12.65
Gabelli Hlthcare & Wellness SHS (GRX) 0.2 $494k 48k 10.32
Berkshire Hathaway Inc Del Cl B New (BRK.B) 0.2 $470k 2.2k 213.15
Wal-Mart Stores (WMT) 0.2 $465k 3.3k 140.06
Credit Suisse High Yield Bd Sh Ben Int (DHY) 0.2 $454k 215k 2.11
Mastercard Incorporated Cl A (MA) 0.2 $448k 1.3k 338.11
Blackstone Gso Lng Shrt Cr I Com Shs Bn Int (BGX) 0.2 $446k 35k 12.85
Wstrn Ast Clymr Infltn Lkd Opts & Inc (WIW) 0.2 $436k 39k 11.24
Herzfeld Caribbean Basin (CUBA) 0.2 $436k 121k 3.60
Blackrock Calif Mun Income T Sh Ben Int (BFZ) 0.2 $435k 33k 13.20
Dws Strategic Municipal Income Trust (KSM) 0.2 $434k 40k 10.84
Medifast (MED) 0.2 $428k 2.6k 164.62
Home Depot (HD) 0.2 $426k 1.5k 277.89
Blackstone Gso Strategic Cr Com Shs Ben In (BGB) 0.2 $404k 33k 12.21
India Fund (IFN) 0.2 $399k 24k 16.50
Wave Life Sciences SHS (WVE) 0.2 $395k 47k 8.48
Costco Wholesale Corporation (COST) 0.2 $386k 1.1k 354.78
Intuitive Surgical Com New (ISRG) 0.2 $384k 541.00 709.80
Starbucks Corporation (SBUX) 0.2 $382k 4.4k 85.94
Pgim Global Short Duration H (GHY) 0.2 $379k 29k 13.26
Kala Pharmaceuticals 0.2 $377k 50k 7.50
Nuveen Floating Rate Income Fund (JFR) 0.1 $359k 43k 8.32
Maxim Integrated Products 0.1 $354k 5.2k 67.65
Angel Oak Finl Strategies In Com Ben Int (FINS) 0.1 $308k 18k 16.83
Shockwave Med (SWAV) 0.1 $306k 4.0k 75.84
Alps Etf Tr Med Breakthgh (SBIO) 0.1 $306k 7.4k 41.13
Nuveen Ohio Quality Income M 0.1 $296k 20k 15.02
BlackRock Floating Rate Income Strat. Fn (FRA) 0.1 $295k 26k 11.49
Soliton 0.1 $288k 38k 7.63
Angel Oak Dynamic Finl Strat Com Ben Int 0.1 $284k 16k 17.79
General Dynamics Corporation (GD) 0.1 $277k 2.0k 138.50
First Tr Energy Infrastrctr (FIF) 0.1 $273k 31k 8.95
Johnson & Johnson (JNJ) 0.1 $249k 1.7k 149.10
Delaware Inv Mn Mun Inc Fd I 0.1 $238k 18k 13.01
3M Company (MMM) 0.1 $237k 1.5k 160.14
UnitedHealth (UNH) 0.1 $234k 750.00 312.00
Arvinas Ord (ARVN) 0.1 $229k 9.7k 23.61
Procter & Gamble Company (PG) 0.1 $227k 1.6k 139.01
A Mark Precious Metals (AMRK) 0.1 $219k 6.5k 33.69
Ishares Tr Eafe Sml Cp Etf (SCZ) 0.1 $218k 3.7k 58.92
Orbcomm 0.1 $216k 63k 3.41
Nuveen New Jersey Mun Value SHS 0.1 $207k 15k 13.80
Macquarie/First Trust Global Infrstrctre (MFD) 0.1 $201k 26k 7.67
Invesco Van Kampen Penn Vl MI Trust (VPV) 0.1 $193k 16k 12.28
Bny Mellon High Yield Strate Sh Ben Int (DHF) 0.1 $192k 71k 2.70
Templeton Global Income Fund (SABA) 0.1 $189k 35k 5.36
Nuveen Cr Strategies Income Com Shs (JQC) 0.1 $185k 31k 5.92
Invesco Van Kampen Trust for IGNYM Fund (VTN) 0.1 $177k 14k 12.38
Templeton Emerging Markets (EMF) 0.1 $163k 11k 15.38
Nuveen Michigan Qlity Incom Municipal 0.1 $162k 11k 14.21
Neuberger Berman NY Int Mun Common 0.1 $140k 12k 11.65
Greentree Hospitality Group Sponsored Ads (GHG) 0.1 $136k 10k 13.60
Western Asset Intm Muni Fd I (SBI) 0.1 $134k 15k 9.06
Scpharmaceuticals (SCPH) 0.1 $132k 18k 7.46
Nuveen Ga Div Adv Mun Fd 2 0.1 $126k 10k 12.23
Novagold Res Com New (NG) 0.0 $119k 10k 11.90
Voya Natural Res Eq Inc Fund 0.0 $105k 43k 2.44
Salient Midstream & M Sh Ben Int 0.0 $76k 22k 3.49
Lightpath Technologies Com Cl A (LPTH) 0.0 $64k 27k 2.39
Orchard Therapeutics Ads 0.0 $58k 14k 4.14
Verastem 0.0 $56k 46k 1.22
Solid Biosciences 0.0 $50k 25k 2.04
Sientra 0.0 $47k 14k 3.40
Credit Suisse AM Inc Fund (CIK) 0.0 $42k 14k 2.96
Energy Fuels Com New (UUUU) 0.0 $32k 19k 1.66